Executive Condominium - Is It Worth Buying?

Updated: Apr 22

As the price of the private condominium escalating, executive condominium appeal to be more affordable to a lot of first-time buyers.

Let us understand why the government introduce the Executive Condominium.

What Is An Executive Condominium (EC)?

Executive Condominium (EC in short), is a type of public housing in Singapore. EC a hybrid of public and private housing.

They are developed by a private developer, have the full characteristics of a private condominium. Enclosed within a gated compound with security, amenities like swimming pools, clubhouses, playgrounds and so forth. The First EC names Eastvale located at Pasir Ris is built-in 1999.

Why Is The Government Building Executive Condominium?

In 1997, the government realise that there is a group of Young Singaporean (especially the young graduates and professional) is being sandwiched, their salary range does not qualify them to apply for new BTO HDB Flats and yet they cannot afford to buy a private condominium.

Executive Condominium (EC), subsidised public housing with condominium facilities was introduced in 1997 to cater to this group of Singaporeans. Similar to a private condominium, an Executive Condominium is sold with strata titles.

What Are The Differences Between An Executive Condominium And A Private Condominium?

The biggest difference between an Executive Condominium and a normal private condominium comes in between the first 11 years.

Unlike the private condominium, anyone can buy (including foreigners), so long as you can afford it. All owners can start to sell their units even their units are still under construction.

As for a new Executive Condominium, buyers will have to fulfil the Minimum Occupation Period (MOP) which is 5 years from the day you officially took over the units from the authority. That’s means from the day you bought the executive condominium to the day you can put it up for sale is estimated 8 to 9 years.

I name this period as Semi Privatise of the EC development.


The reason, owners only can sell their units restricted to Singaporean or Singapore Permanent Residents only during the 6th years to the 10th years, but the transaction is a private treaty sale.

Good thing, the second owner can sell the unit anytime after they bought over with no MOP period restriction, subject only to the restriction ( can only Sell To Singaporean or SPR) if they sell within the 10th year of the development after T.O.P.

When an Executive Condominium reaches the end of the 10th years after T.O.P,

I named it Fully Privatise of the Executive Condominium, and now the development will hold the same status as normal private development.

Who can purchase the New Launch Executive Condominium from the Developer?

Please remember, Executive Condominium is a Public Housing introduce to cater for the group of Singaporeans which is a sandwich between the HDB BTO flats and the private condominium. Hence is still subjected to the Public Housing Requirement.

Basic Requirement

  • The average gross monthly household income must not more than $16,000.

  • Cannot own or dispose of any private property within 30 months.

  • Have not bought directly from HDB Twice (include resale flat with CPF Housing Grant).

  • Minimum Occupation Period (MOP) for existing flat must be meet.

  • Have to form a family nucleus.

Family Nucleus Requirement

(1) Public Scheme

  • You must be a Singapore Citizen and at least 21 years old at the time of application.

  • Your family nucleus must comprise at least another Singapore Citizen (SC) or Singapore Permanent Resident (SPR).

  • Family Nucleus Requirement: You, the applicant and your spouse or your parents or your children under your legal custody, care and control (for widowed/ divorced).

(2) Fiance & Fiancee Scheme

  • You must be a Singapore Citizen and at least 21 years old at the time of application.

  • If your fiance/fiancee is below 21 years of age, he or she can only be listed as an occupier in your EC application.

  • If your fiance/fiancee is below 21 but above 18 years of age, written consent from the parents or guardians must be submitted with your EC application.

(3) Orphan Scheme

  • You must be a Singapore Citizen and at least 21 years old at the time of application

  • A single orphan applicant and all his unmarried siblings are to be listed in the same application

  • At least one of your deceased parents was Singapore Citizen (SC) or Singapore Permanent Resident (SPR)

(4) Joint Singles Scheme

  • You may apply with another single person.

  • Both of you must be Singapore Citizens (SC) and at least 35 years old at the time of application

  • You must apply jointly as co-applicants.

  • No CPF Housing Grant for this Scheme.